Mark D. Swartzberg - Feb 1, 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP Investor Relations
Signature
/s/ C. David Watson, Attorney-in-Fact for Mark D. Swartzberg
Stock symbol
REYN
Transactions as of
Feb 1, 2023
Transactions value $
-$19,380
Form type
4
Date filed
2/3/2023, 06:24 PM
Previous filing
May 9, 2022
Next filing
Apr 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +965 +33.23% $0.00 3.87K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$9.23K -310 -8.01% $29.77 3.56K Feb 1, 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +998 +28.04% $0.00 4.56K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$10.2K -341 -7.48% $29.77 4.22K Feb 1, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction REYN Restricted Stock Units Options Exercise $0 -965 -49.97% $0.00 966 Feb 1, 2023 Common Stock 965 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -998 -33.34% $0.00 2K Feb 1, 2023 Common Stock 998 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +3.02K $0.00 3.02K Feb 1, 2023 Common Stock 3.02K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by Reynolds Consumer Products Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F3 These RSUs vest as follows: 965 of the RSUs vest on February 1, 2023; and 966 of the RSUs vest on February 1, 2024.
F4 These RSUs vest in thirds on each of February 1, 2023, February 1, 2024 and February 1, 2025.
F5 RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.